May 10 (UPI) -- Wes Edens, the billionaire co-founder of Fortress Investment Group and an owner of the NBA's Milwaukee Bucks, was the target of a billion-dollar extortion scheme allegedly perpetrated by an ex-lover, the Wall Street Journal reported Sunday.
A spokesman for Edens, 64, confirmed to the newspaper that the financier is the unnamed alleged victim in a federal indictment brought against Changli "Sophia" Luo of New York City.
Edens, one of world's most successful global investment management firm leaders with Fortress, has developed and owned businesses in real estate, transportation, infrastructure, health care, financial services, media and entertainment.
He is also a high-profile sports team owner, including the Bucks and soccer club Aston Villa of the English Premier League. He is credited turning the Bucks from a perennial cellar dweller into a champion squad over a five-year span, culminating in the 2021 NBA championship.
But he also fell victim to a lurid alleged "sextortion" scheme, his spokesman confirmed to the WSJ, admitting the Edens is the unnamed "Victim 1" cited an indictment filed last year in Manhattan federal court against Luo.
